News

B2B Payments
Cobase, Ebury Team Up On FX Payments
December 01, 2020

FinTech firms Cobase and Ebury are now working together to roll out Ebury’s foreign exchange services on Cobase’s multi-banking platform, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Sage Teams With Satago To Help SMBs Manage Cash Flow
December 01, 2020

Sage has unveiled a new partnership with Satago, a cash management and finance program for small firms and accounting professionals, according to an announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Germany’s Aareal Bank Group Rolls Out B2B Payment Platform
December 01, 2020

Germany-based Aareal Bank Group is rolling out its Aareal Exchange & Payment Platform (AEPP) offering. The solution will let firms put “end-to-end automation” of payment and financial institution-related services into place, with the ability to simply connect those offerings with their enterprise resource planning (ERP)...

Retail
Wendy’s Adds Flavor To Ghost Kitchen Movement
December 01, 2020

The concept of “ghost kitchens” – dining establishments that only offer food on delivery, with no eat-in option – is not an invention of the COVID-19 pandemic. They’ve long been whispered about as a potential dining segment disruptor when partnered with the boom in food delivery services over...

Regulation
Big Week For Big Tech; Platforms Face New Challenges With EU Digital Services Act
December 01, 2020

In the coming months, Big Tech will face considerable operational changes — and challenges — in Europe. After the General Data Protection Regulation (GDPR), which took root in 2018 and changed data collection and dissemination, now looms the Digital Services Act (DSA) — or package, when...

eCommerce
Shopify Reports Record-Breaking Black Friday, Cyber Monday Sales
December 01, 2020

Global eCommerce platform Shopify reported record-breaking sales of more than $5.1 billion on Black Friday and Cyber Monday, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Retail
Target, Kohl’s Give Health And Beauty Partnerships A Makeover
December 01, 2020

The pandemic, and the stay-at-home lifestyle it brought, has altered the beauty routine of the average consumer. Lipstick sales as of this fall had crashed over the last six months, as homebound and mask-wearing consumers suddenly found lipstick was more of a messy bother than it...

Retail
Today In Retail: GoSite Raises $40 Million In Series B; Southern Glazer’s Launches B2C Digital...
December 01, 2020

In today’s top retail news, small business digital platform GoSite has notched $40 million in a Series B round, while Southern Glazer’s has unveiled a business-to-customer online commerce team. Plus, Cyber Monday was not as big a success as the numbers predicted. Get the Full...

News
Today In Payments: Amazon Sellers Ring In $4.8 Billion In Holiday Sales; DoorDash Valuation Could...
December 01, 2020

In today’s top news, sellers on Amazon made more than $4.8 billion from Black Friday through Cyber Monday, and DoorDash could see a valuation of $28 billion from its IPO. Plus, Apple Fitness+ could launch soon, after some fitness instructors have hinted at its approach....